Micron Publishes Fiscal 2019 Diversity, Equality and Inclusion Report
December 04 2019 - 5:00PM
Micron Technology, Inc. (Nasdaq: MU), today announced the
publication of its second annual diversity, equality and inclusion
report. The report is part of the company’s continued efforts to
build a diverse workforce and inclusive culture. It demonstrates
Micron’s progress in several key areas, including women’s
representation, pay equity and growth of employee resource groups
(ERGs).
“Micron is pleased to announce the publication of our Diversity,
Equality and Inclusion FY19 Annual Report, demonstrating our
commitment to creating an environment where all team members can
bring their authentic selves to work and contribute ideas that
drive business success,” said Micron Vice President of Diversity,
Equality and Inclusion Sharawn Connors. “Micron believes that
collaboration across our diverse workforce is the key to unlocking
strength and innovation, and we are passionate about building a
culture of inclusion where all team members are seen, heard, valued
and respected.”
The Micron Diversity, Equality and Inclusion FY19 Annual Report
provides a baseline for tracking the company’s progress, examining
a variety of factors, including race/ethnicity, gender, job roles,
philanthropy and compensation.
The report contains a number of highlights:
- Dimensions of Diversity
- The expansion of Micron’s ERGs has been instrumental in
creating an inclusive environment for everyone. The company added
three new ERGs focused on the following groups: Black/African
American team members, tenured and experienced team members and
team members with disabilities. ERG membership grew by 72%, with
eight ERGs and 38 global chapters.
- Micron launched its first ERG for people with disabilities,
called Capable. Providing quality jobs and career advancement
opportunities for people with disabilities is a strong focus at the
company’s Japan, Taiwan, Europe and U.S. sites.
- Micron sponsored Pride parades in the U.S. — Boise, Idaho, and
Washington D.C. — and launched an Inclusion Allies Coalition
online-learning module.
- Women’s Representation Globally
- Micron welcomed two women to its board of directors: Mary Pat
McCarthy and MaryAnn Wright. As a result, women now make up 25% of
Micron’s board.
- The percentage of female vice presidents at Micron nearly
doubled, and the percentage of women in senior leadership increased
from 10.4% to 13.5%.
- In FY19, Micron launched the Women Innovate (WIN) program to
increase female participation in Micron’s patent program via
mentorship and to promote collaboration and innovation.
- Pay Equity
- Micron is committed to providing equal salary to men and women
in similar roles in all our worldwide locations. In support of
Micron’s ongoing commitment to pay equity, we regularly conduct
proactive pay audits. As we closed FY19, we invested $830,000 to
address differences in pay.
- Micron continues to enhance compensation policies and practices
and has implemented more stringent compensation guidelines and
in-depth reviews of off-cycle increases.
Micron is pleased to be recognized as one of Forbes Best
Employers for Diversity in 2019. Forbes’ anonymous survey asked
over 50,000 participants to rank their organizations on fair and
equal treatment of workers across the following categories: age,
gender, ethnicity, disability and sexual orientation.
Micron’s approach to diversity, equality and inclusion aims to
create an environment where all Micron team members have
opportunities to grow, contribute and advance. The full Micron
Diversity, Equality and Inclusion FY19 Annual Report can be found
at http://www.micron.com/dei.
About Micron Technology, Inc. We are an
industry leader in innovative memory and storage solutions. Through
our global brands — Micron®, Crucial®, and Ballistix® — our broad
portfolio of high-performance memory and storage technologies,
including DRAM, NAND, NOR Flash and 3D XPoint™ memory, is
transforming how the world uses information to enrich life. Backed
by 40 years of technology leadership, our memory and storage
solutions enable disruptive trends, including artificial
intelligence, machine learning and autonomous vehicles, in key
market segments like data center, networking, automotive,
industrial, mobile, graphics and client. Our common stock is traded
on the Nasdaq under the MU symbol. To learn more about Micron
Technology, Inc., visit micron.com.
© 2019 Micron Technology, Inc. All rights reserved. Information,
products, and/or specifications are subject to change without
notice. Micron, the Micron logo, and all other Micron trademarks
are the property of Micron Technology, Inc. All other trademarks
are the property of their respective owners.
Micron Media Relations Contact
Erica Pompen
Micron Technology, Inc.
+1 (408) 834-1873
epompen@micron.com
Micron Investor Relations Contact
Farhan Ahmad
Micron Technology, Inc.
+1 (408) 834-1927
farhanahmad@micron.com
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